Highlights
Pros&Cons
Pros
- There isn't a single positive thing about this fraud
Cons
- Use of different domain names and the lack of accessibility in different languages raise some red flags
- Unrealistic promises, such as a daily return on investment of up to 60%
- Trustpilot reviews show negative experiences for those who have used the platform
Key takeways
- None of the websites make clear statements about this ‘‘software’’, being an element of crypto fraud.
- Different information about the reason for the commission, terms of use and different registration forms that redirect to other sites.
- Hidden information about the product and owners’ standardized method of money luring.
Overview
Table of Contents
Full review of Bitcoin Superstar
Many crypto platforms are competing to provide the best accessibility, coin coverage, and conditions to prospective traders. The market for cryptocurrencies is steadily expanding, but it’s far from saturated. This means that trading platforms are vying hard for the attention of newcomers with as good of an offer as they can.
This is all good news for users because competition between these various entities ensures that the crypto environment is dynamic and continues to work hard to satisfy their needs.
The crypto world is new to some people and the tech lingo can be very enthusiastic. This opens up an opportunity for less-than-honest entities to swoop in and prey on the less experienced and informed.
Let’s dive into Bitcoin Superstar and see what the creators of this platform have prepared for us.
Let’s try to search Bitcoin Superstar in Google
Multiple similar search results are a staple of crypto scams. All three are fairly dissimilar, but they do share the emphasizing “Official” in the title which gives cause for suspicion. For an up-and-coming platform in a competitive and dynamic world of cryptocurrencies, it seems like a rather strange decision to create 3 different websites.
And by different, we can see it’s not just the titles, but the domain names as well as metadata description. For example, only one of these mentions AI technologies, clearly suggesting the use of a trading bot, but none of the websites make any clear claim about such software.
The domain names are surprisingly legitimate-sounding, with the creators opting to use a .com on one of these. More on that later.
3 different logos
Taking a look at the websites themselves we can see 3 completely different logos. This is another incriminating detail because logic dictates that you would want to make your brand as recognizable as possible. Here we can see different designs as well as color schemes.
The signup forms on all 3 are very dissimilar, in fact, the rightmost one is a pop-up window generated by what seems to be an exit-intent application on the website. That is a rather strange use of this feature, but there are other things to note here.
First, the website is in German with no option to translate it. Second, the signup on the initial website differs from that of the popup. Compare the rightmost picture above with the following one.
The one from the popup requires a phone number, while the original one, on the website, does not. It does however contain a disclaimer regarding their use of your phone number. Strange.
To make matters even more strange, this isn’t even the first website change we are going through. The initial web address has a .vip domain, but when we go in and try to sign up we are taken to another, .com website, only to be later funneled to yet another website via the popup.
All this gives a lot of cause for suspicion that what is really going on here is not exactly well-meaning. The site exploits exactly the same marketing strategy as applied by a number of other scam crypto bots we have been warning about:
As regards the content of the websites, the inconsistencies mount. Only one of the websites mentions the mobile app specifically. The same one mentions the ai trader bot as a feature but does very little to talk it up. Its Google play store page reveals more confusion. The same company has made 3 different websites with the exact same description and same function.
Next, there is the suspicious website that’s in German only. It provides English (only) disclaimers but provides no option to switch languages. Regional accessibility is certainly laudable but it does strike as strange that a trading platform would not include English as an option at all. Then, there are some claims differing between the websites.
For those who can’t read German, the top website claims it charges no fees or commissions whatsoever, mentioning brokers specifically. The bottom website says something different entirely. Then that same website gives the following piece of information.
By now, people should be developing a knee-jerk reaction to “daily ROI of up to 60%”. This exact wording is used by many scam sites, we’ve already reviewed:
However, it’s problematic for several reasons. First, legitimate platforms express projected gains in APY. Second, 60% is a very high number appropriate only in the wildest periods of a bull run phase.
But why limit it to 60% in the first place? If the market happens to go up by 200%, then the value of your wallet should mirror that. Of course, such a thing hasn’t happened so far. Another thing is the sheer mathematics of it. Making 60% on your investment daily would suck the world dry of all existing money by the end of the year even with a very small initial investment.
External investigation of Bitcoin Superstar
Between the conflicting claims and unbelievable promises we’ve gathered some clues about what may be going on, but what else can we find out looking at this entire scheme. Trustpilot gives us the following results
Similar Trustpilot issues have other scam crypto bots we have written about:
First of all, it has revealed yet another website, probably hidden deep down the Google search results – the .io website. Looking at it we can see that it’s, again, suspiciously only in German. It bounces us to yet another website, again in German only, but containing all the suspicious elements from above, including the phone number request upon signup.
Looking up both of these addresses reveals no such companies registered at these addresses. The third result is an empty review page with no ratings but something interesting in the “contact” field.
If the above pages included the German and English addresses because the company truly had a presence in those countries with the intent to better reach the German customers, why does this page have the “about” section in German, yet the address is registered in the UK?
Looking up the domain registry information over ICANN, we can see that the .app and .vip sites have been registered using Cloudflare which is notorious for being a venue for all sorts of shady websites because it hides the website’s hosting provider and other details.
FAQ on Bitcoin Superstar
After 5 or so websites it is hard to tell. Some tout it as a platform, others make more or less mention of a trading bot. What it is, is a way to scam people out of 250$, and for some reason, the scammers seem to be targeting Germans with this one.
Yes. Analyzing the websites gives so much conflicting information that the only possible conclusion is that the scammers are casting a wide net here.
You will lose money and time with Bitcoin Superstar.
No, it is not. Between hiding the owners and domain registry info and bouncing the user through multiple websites, none of this should inspire confidence in anyone. Stay away from this.
Reviews
Flashy advertisements made a fool out of me, I’ll admit it, took the bait. But I soon realized that it was just a cleverly disguised scam. The platform promised high returns with little effort, but it was all just a ploy to get me to deposit more and more money. And Richard Branson has nothing to do with it.
They promise to be a revolutionary way to make money online, but it’s quite the opposite. Find yourself another bot.The trading algorithm is quite faulty and doesn’t respond well to instructions.
fast profits and no risks? yeah right. more like, high-risk investment with no returns